The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.
Liability and Insurance for In-house Lawyers (ACCA New Jersey Chapter Program). In-house corporate counsel are increasingly exposed to legal malpractice claims. As corporations bring more work in-house, the exposure to legal malpractice claims expands.
"Do in-house lawyers have the same rights concerning hiring, promotion, termination and similar decisions as other corporate employees? Or does their status as attorneys require different treatment?"
"In-house counsel are often asked to perform business functions in addition to their legal duties. Frequently, in-house counsel are also officers or directors of the company. Often they perform legal functions for a family of affiliated companies, some of which may be bought or sold over time. While this blending may result in a streamlining of positions and decision-making, it poses risks for both in-house counsel and the corporation."
Too frequently insufficient attention is paid to the myriad of special employment law issues affecting the hiring, firing and management of executives.
Compliance programmes are a requirement for prudent management of any organisation today. This paper explains why this statement is true by assessing how the non-compliance risk affects companies, and investigates how they can prevent or reduce this kind of business risk. Present at the European Chapter's annual meeting.